Ratings agencies, which Mr.Fillon said helped fuel the crisis, must adopt rules for dealing with conflicts of interest and offshore banking centers, which often allow clients to evade paying taxes in their home countries, need to be vigorously regulated.

VOA: standard.2009.03.24

This may seem overly intrusive, but offshore banking centers have been under increasing pressure to stop illegal activity.

FORBES: How To Open And Access An Offshore Bank Account